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The subsidy through direct benefit transfer (DBT) of cooking gas, or liquefied petroleum gas (LPG), is expected to be Rs 3,506 crore in 2020-21, substantially lower than the budgeted amount of Rs 35,605 crore, these officials added.(Reuters file photo)

India to save Rs 35,758 crore on key fuel subsidies

Hindustan Times, New Delhi | By Rajeev Jayaswal
UPDATED ON AUG 10, 2020 06:54 AM IST
As per prevailing international prices, the expected subsidy on kerosene sold through the public distribution system in the current financial year is zero.
India’s overall petroleum products consumption, which had nosedived in last week of March and April this year, is now steadily getting to its pre-lockdown levels in June’20, according to a petroleum ministry statement.(Arijit Sen / Hindustan Times)
India’s overall petroleum products consumption, which had nosedived in last week of March and April this year, is now steadily getting to its pre-lockdown levels in June’20, according to a petroleum ministry statement.(Arijit Sen / Hindustan Times)

Demand for petroleum inches towards normalcy

Livemint | By Utpal Bhaskar
PUBLISHED ON JUL 01, 2020 11:35 PM IST
India’s power and overall energy demand, which slumped due to the lockdown, is also slowly returning to pre-lockdown levels.
The government has roped in states to expedite projects worth about Rs 90,000 crore to directly supply piped natural gas to about 40 million households(Hindustan Times)
The government has roped in states to expedite projects worth about Rs 90,000 crore to directly supply piped natural gas to about 40 million households(Hindustan Times)

Govt seeks to bring states on board for piped gas project

Hindustan times, New Delhi | By Rajeev Jayaswal
UPDATED ON JAN 19, 2020 11:36 PM IST
IGL, which is a private entity, is promoted by state-run energy majors — Bharat Petroleum Corporation Ltd (BPCL) and Gail India Ltd with equal shareholding of 22.5% each.
The government may extend the newly announced 10% reservation for economically weaker sections (EWS) in government jobs and education institutes.(Amit Bhargava)
The government may extend the newly announced 10% reservation for economically weaker sections (EWS) in government jobs and education institutes.(Amit Bhargava)

Government may extend 10% quota for poorer sections to allocation of petrol pumps

New Delhi | By Rajeev Jayaswal
UPDATED ON JAN 12, 2019 07:35 AM IST
These companies follow the reservation policy of the central government, two government officials said on condition of anonymity.
Workers load liquefied petroleum gas (LPG) cooking cylinders onto a supply truck outside a distribution centre in Mumbai, India, February 19, 2015.(REUTERS File Photo)
Workers load liquefied petroleum gas (LPG) cooking cylinders onto a supply truck outside a distribution centre in Mumbai, India, February 19, 2015.(REUTERS File Photo)

Leaf out of Sushma Swaraj’s book taken for Ujjwala tweak

Hindustan Times, New Delhi | By Saubhadra Chatterji, New Delhi
UPDATED ON JUL 31, 2018 12:50 AM IST
Now, the petroleum ministry will take help from the rural development ministry to use women’s self help groups, gram panchayats, fair price shops or other bodies to set up such points of delivery
The minister of external affairs Sushma Swaraj with the foreign minister of Iran Mohammad Javad Zarif in New Delhi, May 28, 2018. While oil trade is extremely crucial for Iran’s economy, India also stands to gain from it. Price of oil imports from Iran has always been less than that of Saudi Arabia since 2016-17.(Sonu Mehta/HT)
The minister of external affairs Sushma Swaraj with the foreign minister of Iran Mohammad Javad Zarif in New Delhi, May 28, 2018. While oil trade is extremely crucial for Iran’s economy, India also stands to gain from it. Price of oil imports from Iran has always been less than that of Saudi Arabia since 2016-17.(Sonu Mehta/HT)

On Iran oil crisis, India needs a long-term strategy

Hindustan Times | By HT Correspondent
UPDATED ON JUL 26, 2018 10:52 AM IST
An oil shock will hurt even more at a time when the global economy is staring at the prospect of a trade war, inflation is worsening, and depreciating rupee are threatening to jeopardise macroeconomic stability
A worker inspects a pump jack at an oil field in Tacheng, Xinjiang Uighur Autonomous Region, China.(REUTERS File Photo)
A worker inspects a pump jack at an oil field in Tacheng, Xinjiang Uighur Autonomous Region, China.(REUTERS File Photo)

India plans to cut oil imports from Iran, say officials

Press Trust of India, New Delhi | By Press Trust of India
UPDATED ON JUN 28, 2018 05:53 PM IST
While a final view on US asking India and China to cut Iranian oil imports has not yet been taken, the petroleum ministry has asked refiners to tread cautiously and start looking at alternatives, govt officials said on Thursday.
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